Sonoco (NYSE: SON) director adds Phantom Stock Units via deferred dividend

Rhea-AI Filing Summary

Sonoco Products Company director Blythe J. McGarvie received a grant of 324.1 Phantom Stock Units tied to Sonoco common stock at an equivalent value of $53.29 per unit. Following this award, McGarvie holds a total of 32,911.9 Phantom Stock Units.

Each phantom unit is the economic equivalent of one share of Sonoco common stock and was acquired through a quarterly dividend credited under the directors' deferred compensation plan. These units will be settled in the future upon McGarvie’s retirement or other termination of board service, making this a routine, non‑cash compensation-related accrual rather than an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MCGARVIE BLYTHE J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units	324.1	$53.29	$17K

Holdings After Transaction: Phantom Stock Units — 32,911.9 shares (Direct)

Footnotes (1)

1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MCGARVIE BLYTHE J

(Last) (First) (Middle)

ONE NORTH SECOND ST

P O BOX 160

(Street)

HARTSVILLE SC 29551-0160

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SONOCO PRODUCTS CO [ SON ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units	(1)	03/10/2026		A		324.1		(2)	(2)	Common Stock	324.1	$53.29	32,911.9	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of Sonoco Products Company common stock.

2. Acquired on quarterly dividend on Sonoco Products Company's directors' deferred compensation plan and will be settled upon the reporting person's retirement or other termination of service.

	By: Elizabeth R. Kremer - Power of Attorney for Blythe J. McGarvie	03/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Sonoco Products (SON) director Blythe J. McGarvie report on this Form 4?

Blythe J. McGarvie reported receiving 324.1 Phantom Stock Units as deferred director compensation. These units are economically equivalent to Sonoco common stock and increased her total phantom unit holdings to 32,911.9, reflecting routine, non-cash accrual rather than market trading activity.

How many Phantom Stock Units does Blythe J. McGarvie now hold in Sonoco (SON)?

After the latest grant, Blythe J. McGarvie holds 32,911.9 Phantom Stock Units. This total includes the newly acquired 324.1 units credited from a quarterly dividend under Sonoco’s directors’ deferred compensation plan, all economically equivalent to shares of Sonoco common stock.

Are the Sonoco (SON) Phantom Stock Units an open-market share purchase or sale?

No, the Phantom Stock Units are not an open-market trade. They are a compensation-related grant credited from a quarterly dividend in the directors’ deferred compensation plan, providing economic exposure to Sonoco stock without an immediate cash purchase or sale in the market.

When will Blythe J. McGarvie’s Sonoco (SON) Phantom Stock Units be settled?

The Phantom Stock Units will be settled upon Blythe J. McGarvie’s retirement or other termination of board service. Until then, they function as deferred compensation linked to Sonoco’s common stock value, rather than as currently deliverable shares or cash.

What is the economic value basis of the new Sonoco (SON) Phantom Stock Units grant?

The 324.1 Phantom Stock Units were valued at an equivalent of $53.29 per unit. Each unit represents the economic equivalent of one share of Sonoco Products Company common stock, aligning the director’s deferred compensation with shareholder value over time.